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    550 Indian School Rd Phoenix, AZ 85013

    Sponsored
    For Lease
    $18 SF/Yr ($12,148 /Mo)

    8,099 SF Office Building, 1,058 SF Available

    Lot size:
    8,099 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This single-story, 8,099 square foot office building at 550 W Indian School Rd in Phoenix, Arizona, presents a fantastic leasing opportunity. Built in 1958 and renovated in 2017, the property is classified as Class C and features five total suites within a single building situated on a 0.46-acre lot. Currently, 1,058 square feet of space is immediately available, representing a minimum divisible unit size. The building is zoned C-2, allowing for a variety of commercial uses. Ample parking is provided, with a ratio of 3.5 spaces per 1,000 square feet. The property does not include elevators. The building's address is 550 W Indian School Rd, Phoenix, AZ 85013, and its Assessor's Parcel Number (APN) is 155-32-143, 144. This multi-tenant office space offers a convenient location and updated amenities, making it an ideal choice for businesses seeking a functional and well-maintained workspace in a thriving Phoenix neighborhood. The property is a traditional office building suitable for a variety of tenants. Interested parties should inquire about lease terms and conditions.

    Property Features for 550 Indian School Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,099 SF
    Class
    C
    Total Rate
    12148.5

    Building Details

    Year Built/Renovated
    1958/2017
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suites 110/112
    Size
    1,058 SF
    Rate per SF
    $18

    HighLights

    • ±8,090 SF freestanding office building.
    • 19,961 SF lot.
    • APN: 155‑32‑143, 144.
    • 3.5 parking spaces per 1,000 SF.
    • Located just west of Central Avenue.
    • Midtown Phoenix location with easy access to SR‑51 and I‑17.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Source Naturopathic Medical ... Medical Clinic Biological Energy Medicine Medical Center David A. Arneson, NMD Alternative Medicine Practitioner Jane R. Meier, ... Doctor MMjCCC Acupuncturist

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.08095832486
    Latitude
    33.494921405165

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    FAQs

    What type of property is this?
    Office Property / Space - 8,099 SF Office Building, 1,058 SF Available
    Where is this office property / space located?
    The property is located at 550 Indian School Rd Phoenix, AZ.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: ±8,090 SF freestanding office building.; 19,961 SF lot.; APN: 155-32-143, 144.
    Request Owner's contact information
    550 Indian School Rd Phoenix, AZ 85013
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    550 Indian School Rd Phoenix, AZ 85013
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